Foreign insurance company ING Insurance (Asia/Pacific) has called on the China Insurance Regulatory Commission (CIRC) to simplify its licensing procedures…
Issuance of hybrid capital bonds now requires disclosure of various matters, which include the capital adequacy ratio for the past three years, business position, risk alert, and so on.
The minimum duration of business establishment and assets for QFII status is clearly set out. Limitations on shareholding percentages of securities investments in China by foreign investors are imposed.
Issuance of hybrid capital bonds now requires disclosure of various matters, which include the capital adequacy ratio for the past three years, business position, risk alert, and so on.
Issued: September 1 2006Effective: as of date of issueApplicability: In the event of a conflict between existing provisions and this Circular, this Circular…
Issued: July 13 2006Main contents: The Supplementary Circular clarifies the criteria for enjoying tax reduction or exemption for newly established enterprises.Related…
Promulgated: August 27 2006Effective: June 1 2007Main contents: The Law comprisesPart One: General ProvisionsPart Two: Petition and AcceptancePart Three:…